BlackBerry Shares Drop Despite Profit as QNX Growth Concerns Mount
BlackBerry stock fell over 11% despite Q3 profit and raised guidance, as investors worry about slowing growth at its key QNX embedded software division.
Markets move fast. You should move faster. Be the first to know when deals break, stocks move, or biotech headlines hit. Sign up to get breaking news alerts the moment they happen.
BlackBerry stock fell over 11% despite Q3 profit and raised guidance, as investors worry about slowing growth at its key QNX embedded software division.
Citi resumed coverage of CoreWeave with a Buy rating and a $135 price target, citing strong demand despite short-term supply and capacity challenges.
Carnival reinstates quarterly dividend and plans corporate restructuring after Q4 profit jump. Revenue rises to $6.33B as cruise operator eyes 12% income growth in 2026.
FedEx expects lower earnings after grounding MD-11 cargo planes, facing higher costs during the busy holiday shipping season.
Winnebago (WGO) swings to Q1 profit with 12% revenue growth, beats analyst estimates, and raises fiscal 2026 guidance on strong RV demand and improved margins.
Wedbush downgraded Lyft to Underperform, warning that autonomous vehicles could significantly hurt the company’s long-term value and U.S.-focused business.